AU Optronics Corp (AUO,
"We will decide by the end of the month," said Rose Lee (
Lee was responding a report by the Chinese-language Commercial Times yesterday that the company would begin installing equipment for a new 8.5-generation LCD factory as early as September next year. The newspaper cited an unidentified equipment supplier.
"Our investment plans will be based on client needs, not on competitors," Lee said.
The company's board is scheduled to meet next week, probably on Tuesday, she said, without providing details on what will be discussed.
An 8.5G plant will be the most advanced LCD factory in the country. AUO's most advanced fab now is a 7.5G plant in Taichung. The new plant will be able to handle larger sizes of glass used in displays for TVs.
AUO chairman Lee Kun-tai (
AUO shares declined 4.9 percent in Taipei to close at NT$58.90 yesterday, the lowest since Oct. 5, compared with a 1.7 percent slide in the benchmark TAIEX.
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
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